NEW YORK, May 20, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of South Carolina on behalf of investors who purchased World Acceptance Corp. ("World Acceptance" or the "Company") (Nasdaq:WRLD) common stock between April 25, 2013 and March 12, 2014.
For more information, click here: http://zlk.9nl.com/worldacceptance.
The complaint alleges that during the Class Period defendants issued materially false and misleading statements and/or failed to disclose material adverse facts regarding the Company's business, operations, and prospects.
On March 13, 2014, World Acceptance Corp. disclosed that it had received a subpoena from the Consumer Financial Protection Bureau as part of an investigation into potential violations of consumer protection laws. Upon this news, shares of World Acceptance Corp. fell nearly 20 percent.
If you suffered a loss in World Acceptance you have until June 23, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/worldacceptance.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.comSource:Levi & Korsinsky, LLP